Business

Md. Ezhar Hossain, ABAI, has recently assumed the office of the Managing Director of Prime Insurance Company Ltd. Prior to this assignment he acted as Managing Director of Asia Insurance Ltd for about ten years. Hossain is a Master of Commerce of Dhaka University and obtained BIA

The Premier Bank Ltd has launched a travel product “Premier Travel Card” (Premier TC), at Banani in the city on Monday. Chairman of Premier Bank Dr. HBM Iqbal inaugurated the function as Chief Guest while Vice Chairman BH Haroon, MP, Amader Somoy editor Naimul Islam Khan and Editor, Bhorer Kagoj Shamol Dutta were present on ... Read more

Leading garment exporter and publisher of the daily Samokal, AK Azad, has been elected president of Federation of Bangladesh Chambers of Commerce and Industry, the country’s apex trade body. The newly elected directors of the FBCCI board also unanimously elected Jasim Uddin and Mustafa Azad Chowdhury Babu as vice-presidents of the top

BRAC Bank opened its offshore banking unit at its Gulshan branch recently, the bank said in a statement yesterday. Syed Mahbubur Rahman, managing director of the bank, inaugurated the unit with other senior officials. “We have already made the first transaction — being a Bangladeshi bank — for Bangladesh Biman

Banglalion Communication Limited and mobile phone operator Citycell on Monday signed agreement to extend wireless internet service WiMAX in Dhaka and elsewhere in the country by the end of this year. Under the agreement, Banglalion will use the infrastructure of Citycell for making available the

Warid Telecom on Sunday distributed 5 0,000 flags of Brazil and Argentina among the people at 15 locations in Dhaka and Chittagong to celebrate the ongoing Football World Cup 2010. Brazil and Argentina have both started their World Cup campaign on a high note by winning their respective first matches, said a

To facilitate the blind students with educational support, Robi has recently joined hands with HEAD international (Human Programme for Education and Achievement of Disable and Orphan), a social welfare organization working for the development of the disabled people. It has recently distributed White Cane and Braille papers to above two hundred visually impaired

Yussuf Abdullah Harun has recently been re-elected chairmen of Asia Insurance Limited at the 75th board meeting of the company at Sonargaon Hotel in Dhaka. The board of directors of the company re-elected Mohammed Jamal Ullah its vice-chairman at the meeting, said a

Mutual Trust Bank Limited recently organised, as lead organiser, a day long training programme on anti-money laundering at the Bangladesh Sugarcane Research Institute at Ishwardi in Pabna for the officials of the commercial banks operating in the district. The training programme was held under the sponsorship of MTB corporate head office and MTB

Dhaka Bank’s training institute organised a six-day training programme on fundamentals of commercial banking for managers and officers of the Bangladesh Development Bank Limited at the institute’s premises in the city recently. Thirty managers and officers of Bangladesh Development Bank took part in the training

The existing electronic money transfer system at post offices using cell phones would be expanded throughout the country from June 27 to ensure swift money transfer to anywhere in Bangladesh, official sources said, reports NewAge. The present EMTS covers only 450 post offices and the system would be expanded across the

Dr. Atiur Rahman, Governor of Bangladesh Bank has launched an extension programme of the Nirmal Shakti Solar Project implemented by Friends in Village Development Bangladesh (FIVDB) held on Saturday at FIVDB central office in Sylhet. In his speech of inauguration, Dr. Atiur hoped to build a solar nation combining all the initiatives

Standard Chartered Bank has been named the ‘Best Foreign Commercial Bank in Bangladesh 2010’ by FianaceAsia, a leading financial publication in the region, for the second consecutive year. The bank received the award as part of FinanceAsia 2010 Country Awards for Achievement, said

A community pilot project to provide ICT-based services and access to information to the masses, e-upazila, has been set up in Jamalpur recently. It is a joint effort by Grameenphone Ltd and Social Development Foundation. Dr Akram H Chowdhury, member of parliament, inaugurated the project. The project was

Business Initiative Directions (BID), a Madrid-based organisation, has recently honoured AB Bank with its International Quality Summit Award in Platinum Category, the bank said in a statement yesterday. Jose E Prieto, BID president and chief executive officer, handed the award to Kaiser A Chowdhury,

Grameenphone has signed an agreement with Bangladesh Election Commission Secretariat, recently to provide SMS based Polling Information Service. Mahmud Hossain, Acting Chief Corporate Affairs Officer of Grameenphone was present on the occasion with other senior officials of

Bank Asia has been awarded the Best Blood Donor Organization 2010 by Bangladesh Red Crescent Society. Dr Captain (Retd.) Mozibur Rahman Fakir, MP, State Minister for Health and Family Welfare, handed over the award to Erfanuddin Ahmed, President and Managing Director of the Bank

Axiata (Bangladesh) Ltd, a telecommunication company operating in Bangladesh under the brand name Robi, signed a memorandum of understanding with China Development Bank and Huawei Technologies (Bangladesh) Ltd at a programme at Sonargaon Hotel in Dhaka on

Huntsman Textile Effects will provide textile dyes, chemicals and technical service to Bextex Ltd, according to a statement released yesterday. Huntsman and Bextex have signed a partnership deal. Syed Naved Husain, chief executive officer of Bextex, and Paul Hulme, president of Huntsman Textile Effects,

Mizanur Rahman Shelley has been re-elected as the chairman of Premier Leasing and Finance Ltd. Company’s board of directors in its meeting held recently also elected Syed Muhammed Abbdul Mannan as vice-chairman of the company, said a